NCDEX Institute of Commodity Markets and Research (NICR) is a 100 per cent subsidiary of the National Commodity & Derivatives Exchange (NCDEX).

NICR has been incorporated under Section 25 of the Companies Act, 1956 (No. 1 of 1956), on the 18th of September 2007, making it a not-for-profit company. NCDEX, which has emerged as a leading commodity exchange in the country, has promoted NICR, a not for profit institute, to meet this research gap.

NCDEX is a professionally managed company and has been promoted by public and private sector institutions of global repute. The vision is to make NICR recognized nationally as an independent, credible academic and research institute of eminence.

The NICR Certification Course is the definitive training programmer that has proved invaluable to anybody interested in commodities and those indirectly linked to the markets. It is a complete guide to the ins-and-outs of the commodities futures marketplace

Research and Analysis

The key objective of research to be undertaken, facilitated and sponsored by NICR is to improve understanding of the commodity futures market in India, in order to widen and deepen participation by all stake holders.

Education and Training

In order to spread awareness about the commodity futures market and educate different sections about this emerging segment of the market, NICR organizes and participates in various training programmes.